Long $HYPE, Short $MON
Chill
monad
raised $244m from VCs
somehow they needed another $187m (lmfaoo)
total $431m, for a chain that isn’t even faster than an average l2
they announced the worst tokenomics the universe has ever seen (a true rival to celestia)
to make these awful tokenomics look less embarrassing, they started marketing that locked tokens “won’t be staked”
(as if that wasn’t supposed to be the default anyway)
their so called “ecosystem” is just a pile of evm forks and random “dot fun” trash
the founders shill memecoins that go to zero from day one
their growth team thinks bot engagement on twitter is ‘superior marketing’
they’re about to learn that real life isn’t just engagement farming and spamming gmonad in discord all day
the fact that even an ico open to US residents didn’t immediately fill to the brim was already a sign
after a garbage price action, $mon is still sitting at a $3b fdv
zero
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